Role details

Market Risk and P&L SME (Contract)

Toronto   •  Temporary

Bullet points

  • Capital Markets
  • Risk Management

About Our Client

Our client is one of the Big 5 Canadian Banks

Job Description

Major Stakeholder accountabilities will include:

  • Supporting the MRPL Leadership/Management in managing a diverse range of stakeholders to meet program requirements and project objectives. Major Stakeholders include:
    • Capital Markets Risk Management (PnL, Risk, VaR, Collateral & IPV), Market Risk Control, Front Office, Compliance, Model Validation Management
  • Providing timely updates on project status, analyses and findings to senior management and various stakeholders
  • Working closely with technology partners to provide analyses and recommendations for solutions that meet business objectives with in a timely and cost-effective manner

Major Business Operations accountabilities will include:

  • Conducting ongoing and ad-hoc analyses to ensure effective implementation of valuation models and reporting functionalities concentrated mostly in fixed income cash and derivatives
  • Assisting the Stream Manager with tracking project tasks, dependencies, and requirement gaps (ensuring traction and resolution on all items)
  • Identifying and escalating issues to the appropriate individual(s)/group(s) to ensure prompt attention/resolution
  • Ensuring all testing and roll-out activities are supported by adequate documentation

The Successful Applicant

Skills / Experience:

  • In-depth familiarity with market risk valuation concepts for fixed income and derivative products obtained through previous experience in a capital markets function
  • Beginner to intermediate understanding of P&L attribution methodologies (Sequential and Greeks-Based)
    • Ability to clearly communicate complex financial concepts and obtain clarifications as necessary when discussing model build requirements
    • Superior organizational skills (must be able to identify and track project dependencies & blockers, ensure proper resolution of outstanding items, document meeting minutes and takeaways in a clear and concise manner)
    • Established rapport with various stakeholders throughout the bank
    • Advanced Excel data manipulation skills (ability to derive findings/conclusions from large datasets and trouble-shoot errorsAbility to work on multiple concurrent tasks and manage time effectively
    • Flexibility to be able to adapt to unfamiliar, ambiguous or changing conditions
    • Demonstrated ability to make sound recommendations for business decisions
    • Excellent analytical, problem solving, organizational, and communication skills
    • Prior experience in organizational change management activities

What's on Offer

Competitive hourly rate

Apply for this job

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